Zions Bancorporation N.A. Buys New Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Zions Bancorporation N.A. purchased a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the second quarter, Holdings Channel reports. The fund purchased 781 shares of the company’s stock, valued at approximately $142,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Palisade Asset Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the first quarter valued at approximately $26,000. CarsonAllaria Wealth Management Ltd. boosted its position in iShares S&P 500 Value ETF by 289.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after buying an additional 110 shares during the period. Vima LLC acquired a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth $27,000. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth $29,000. Finally, Fortis Group Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock valued at $35,000 after acquiring an additional 100 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE opened at $194.26 on Monday. The stock has a market capitalization of $34.80 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The business has a fifty day moving average price of $189.39 and a 200 day moving average price of $184.79. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $196.36.

iShares S&P 500 Value ETF Company Profile

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics.